Consider the following statements, Which of them are false?

Consider the following statements, Which of them are false?

1) You cannot use the country chart of accounts if you desire to use the cross-company code controlling.

2) The disadvantage of using country chart of accounts is the accounting clerks who may be familiar with the country chart of accounts first have to get used to using the operational chart of accounts.

3) Reconciliation accounts are updated on a daily basis.

Please choose the correct answer.

Response: